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20130118
20130118
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CSPAN
Jan 18, 2013 9:00am EST
our economy, we can keep the sales tax flat at its current level and cut income taxes on our lower income working families to 1.9% and drop the top rate to 3.5%. this glide path to zero will not cut funding for schools, higher education or essential safety net programs. and for those who come to kansas or stay in kansas because of lower taxes, let me tell you, opportunities abound. an all-time record of more than 15,000 new businesses formed in 2012, a sign of strong economic growth. we are, as you know, the air capital of the world. our aircraft industry is back on the ascent, and southwest airlines is soon to land in wichita. we are the nation's breadbasket and its meat counter and are becoming its dairy section as well. our oil production is hitting a high not seen in more than a decade with billions of dollars of a new vertical and horizontal drilling. we are number one in new wind investment with nearly $3 billion of new investment last year alone and more to come. our rapidly growing animal health sector that stretches from k-state in manhattan to johnson county grabs a 30% o
CSPAN
Jan 18, 2013 12:00pm EST
that? is there enough tax generated in the economy to offset that? and would disaster occurs are you on the hook for off infrastructure and everything else that may be required to rebuild that community? and asia return on that exposure -- is your return greater? as a taxpayer, the answer is unfortunately too often know. we have subsidize risks to the point where as long as no extreme event occurs, it seems okay. but when the extreme event occurs, you are now exposed to much greater costs without necessary generating revenue or other societal benefits off that risk. now, during the '70s and '80s and through the early '90s, went a lot of growth was taking place in coastal areas and other vulnerable areas, very few storms were occurring. frequency was down. so the allusion was i have lived here for 30 years, this never happens. welcome the problem with climate whether it's 30 year cycles are like an eyelash in understanding how big systems and dynamics work. not talking at any of the forcing issues, and now we find ourselves in this period of increased activity and you are sitting on t
Search Results 0 to 1 of about 2